Your emergency fund should be in easily accessible cash. Also, under no circumstances is a half-price trip to the Maldives an emergency.
Browsing: saving
Back in March 2008, I asked if rising interest rates at Zopa, the British peer-to-peer lender, were an opportunity for cash-rich savers or an accident waiting to happen: In the A*, 24-month market, I seem to be in the zone with an interest rate of 10.5%, which Zopa estimates will…
Anyone who reads personal finance blogs is clearly more interested in money than the average person. If you write a personal finance blog, you’re even more interested in money (even if blogging won’t make you any). Can you be too interested? Are we deluding ourselves into thinking we’re being economically…
Just when peer-to-peer bank Zopa was getting interesting again thanks to higher rates, it’s somewhat annoyingly announced plans to limit the kinds of loans you can make with your savings. The new regime will see one, two and four-year loan terms scrapped, with only 36 or 60 month loans being…
